Local view for "http://purl.org/linkedpolitics/eu/plenary/2008-07-08-Speech-2-389"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20080708.36.2-389"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spoken text |
"Madam President, I share the concerns expressed here by many speakers about state-owned funds, but I would like to stress as well that private commercial funds, such as hedge funds and private equity, are of even more concern. This is because they often do not have a long-term-oriented focus, whereas sovereign wealth funds, together with pension funds, often have this long-term orientation and can strengthen the role of minority shareholders, as well as having a positive role in providing the market with liquidity.
The point is that they are often not transparent enough in their investment strategy and intentions, and I hope that the Commission will focus on this. The Committee on Legal Affairs recently adopted a report in this Parliament on the transparency of institutional investors, and there we asked the Commission to come up with a directive guaranteeing common standards of transparency. I hope the Commission can react to this request.
My last point is about the code of conduct and the ‘comply-or-explain’ procedure. Is this also an element which the Commission has considered?"@en1
|
| lpv:spokenAs | |
| lpv:unclassifiedMetadata |
Named graphs describing this resource:
The resource appears as object in 2 triples